Citi’s Dan DiPietro and Gretta Rusanow review the US legal market at the halfway stage in 2010 and see challenges ahead

Looking at the 2010 mid-year data reported to the Law Firm Group at Citi Private Bank by 187 US-headquartered firms in our latest survey, we can best describe the results as “shrinking toward profit growth”. We see some bad news and some good news.